Construction

Oman’s ONEIC wins $4.6mn power plant upgradation contract

ONEIC will upgrade the electrical capacity of a power plant for a period of 360 days

Oman National Engineering and Investment Company (ONEIC) has announced that it has won a contract worth $4.6 million from a government entity, in a stock market missive. 

ONEIC’s CEO Rashid Alghailani stated that the contract was awarded on 12 September 2019. 

The contract is for upgrading the electrical capacity of a power plant for a period of 360 days starting from 3 October 2019, according to a statement from the company. 

Meanwhile, earlier this year, the Muscat-listed company had also won a $29 million contract from Oman Electricity transmission Co to build the 132kV and 133kV Mirbat GS and an associated overhead line from Ashoor GS to Mirbat GS.

Additionally, this was followed by Salalah Sanitary Drainage Services Company in Oman, which had awarded a $117 million contract to build, operate, and transfer a sewage network for Sahalnoot district in Salalah for a period of 17.5 years.

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